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Supplier Evaluation & Performance Excellence
Understanding supplier performance is vital to ensuring a well-functioning supply network. This how-to book will help you develop and implement an evaluation process to help you reduce costs, lower risk, and improve both the performance of your company and your suppliers.
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Tag Archives: Risk
Supply chain channel checkers
It’s been proven that supply chain risk events can cause a company’s stock to tank and company to lose market value. Now enter the new supply chain risk market makers: the channel checkers. These are the analysts who follow large …
Another Supply Risk: Your Neighbor’s Yard Sale
If you ever thought that you could leave product recalls up to retailers and manufacturers, think again. That was risky enough. Now there’s a new risk, according to article today in the WSJ, that you need to worry about …
Automotive Bankruptcies: An Inconvenient Competition
Some people are heaving sighs of relief that Chrysler is emerging from bankruptcy in the arms of Fiat and that GM is officially in bankruptcy soon to emerge as leaner and meaner entities. However, many are left holding the proverbial …
Posted in Lean, Manufacturing, supply chain, Supply Management, Uncategorized
Tagged Lean, Risk, suppliers
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When Supply Risks are Self-Induced
Some supply risks can be caused by the customer firm itself and thus provide a real chance of avoidance in the first place.
What? You thought supply risks were all caused by forces beyond the customer firm’s control. Think again. …
The game of risk: keeping supplier risk at bay
What steps can you take to avoid supply risk? Be methodical and be proactive. Segment the supply base for risk. And look beyond just the obvious categories. First, look at all types of suppliers who have risk potential, depending on …
Posted in Business, Lean, Risk, supplier performance, Supply Management
Tagged Lean, procurement, Risk, supplier performance, supply chain, Supply Management, supply risk
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Teaming up to uncover supply risk
The recent article in Purchasing, “Allegheny Technologies Designs a Broad Risk Strategy”, (8/14/2008) is one of the rare glimpses into how some companies are actually dealing with supplier risk. Rather than just talking about risk or not …
Supply Chain Risk: Complexity Stumps Execs
McKinsey recently published the results of its global survey on managing global supply chains. To boil down a seven-page article: they aren’t managing the risk. Or to quote the article: “relatively few respondents…say that their companies are translating the …